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Analysis: The cybersecurity space is evolving, but it’s still broken

November 10, 2019 / MIKE WHEATLEY

The cybersecurity space has undergone a seachange over the past decade with organizations finding themselves under almost constant attack from an array of state-sponsored attackers and increasingly skillful and professional criminals.It’s often said that money is the root of all evil and it’s definitely one of the key factors behind the spread of cybercrime, with one estimate putting the cost to enterprises at more than $6 trillion annually by 2021 in theft, lost productivity and recovery costs. That alone makes it more than worthwhile from the attacker’s point of view.In his latest breaking analysis video, Dave Vellante, chief analyst at SiliconANGLE sister market research firm Wikibon and co-host of SiliconANGLE’s video studio theCUBE, points out that cyberattackers are being helped in their endeavors by an explosion in so-called “endpoints” that need to be protected. Companies are increasingly storing massive amounts of data in multiple public and...